Detached Commercial bldg.Stores/ Offices $4,000,000 Middle Village, Pizzeria available for Purchase
Location: new york city
2024-11-12 15:37
$4,000,000/ 12000ft2 – Detached Commercial bldg.Stores/ Offices (Middle Village, Pizzeria available for Purchase)
Eliot Avenue, Middle Village, NY 11379
‹ image 1 of 4 ›
Eliot Avenue near 74
12000ft2
available now
QR Code Link to This Post
Highest and Best Use in Commercial Real Estate
In commercial real estate investing, the highest and best use typically means the use that results in the highest risk-adjusted returns for the asset’s stakeholders.
Stores and Offices located in a great area, extremely busy, steps to School, Church and buses.
The perfect location and this property is completely Detached. Making it ique.
Added Bonus: Buy Building and Business
Pizzeria and Catering business for sale.
Pizzeria Income yearly $2.1 Million.
Asking price if you buy the building,
$1,150,000
Plus
Detached 12,000 Sq ft Commercial Building
Unique Location. By Church and School on Eliot Avenue. Heavy Pedestrian and Car traffic.
New Asking Price as of
November 12th is
$4 Million dollars.
Breakdown for
74-02 Eliot Avenue. Huge Property
One of a kind.
Stores and Offices
Up to date Rents
Phillies 1st floor $7500 Pizzeria
Phillies 2nd floor$3500 Catering for Pizzeria.
Front left store
Being rented now 1st floor $5,500
Vacant Space 2nd floor $3000 (offices on the market to show)
Basement Tenant $4176.00. Dance Studio
Roof Antennas
Tmobile. $2300
Verizon. $2000
Total income. $27,976.00 monthly
Yearly $335,712.00
Expenses: $125,000 yearly
Jim Turano/ Broker
James Turano Inc. show contact info
